Radcliffe Capital Management L.P. Has $6.90 Million Stock Holdings in Jackson Acquisition Company II $JACS

Radcliffe Capital Management L.P. grew its position in Jackson Acquisition Company II (NYSE:JACS) by 29.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 662,430 shares of the company’s stock after purchasing an additional 150,257 shares during the period. Jackson Acquisition Company II accounts for 0.4% of Radcliffe Capital Management L.P.’s investment portfolio, making the stock its 29th biggest holding. Radcliffe Capital Management L.P.’s holdings in Jackson Acquisition Company II were worth $6,903,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cantor Fitzgerald L. P. acquired a new position in shares of Jackson Acquisition Company II during the third quarter valued at $910,000. Mangrove Partners IM LLC bought a new position in Jackson Acquisition Company II in the third quarter valued at about $2,911,000. Readystate Asset Management LP acquired a new stake in Jackson Acquisition Company II in the third quarter worth about $519,000. Sculptor Capital LP acquired a new stake in Jackson Acquisition Company II in the second quarter worth about $7,387,000. Finally, Goldman Sachs Group Inc. bought a new stake in Jackson Acquisition Company II during the 1st quarter worth about $3,624,000.

Jackson Acquisition Company II Price Performance

Shares of NYSE:JACS opened at $10.66 on Wednesday. Jackson Acquisition Company II has a 1-year low of $10.08 and a 1-year high of $10.71. The business has a 50-day moving average price of $10.60 and a two-hundred day moving average price of $10.52.

Jackson Acquisition Company II (NYSE:JACS) last issued its earnings results on Friday, March 20th. The company reported $0.08 earnings per share (EPS) for the quarter. The business had revenue of $2.33 million during the quarter.

Jackson Acquisition Company II Profile

Jackson Acquisition Company II is a special purpose acquisition company (SPAC) listed on the New York Stock Exchange under the ticker JACS. As a blank‐check vehicle, it has no commercial operations of its own but is sponsored by Jackson Square Partners, an investment firm with experience in middle‐market private equity and venture capital. The company’s primary objective is to identify, acquire, or merge with one or more businesses that operate in target industries and deliver long‐term value to its shareholders.

The SPAC completed its initial public offering in late 2021, raising capital through a trust account to fund its acquisition strategy.